AUDIENCE FOR BOOK: Anyone who wants to form a nonprofit corporation in any state and obtain Section 501(c)(3) tax-exempt status from the IRS. REASONS TO BUY THIS NEW EDITION: Explains everything readers need to know to create a Section 501(c)(3) nonprofit corporation in any state from start to finish, with extensive state-by-state information. Provides line-by-line instructions for IRS Form 1023, Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code Covers both the long Form 1023 tax exemption application and the newer streamlined Form 1023-EZ application for smaller nonprofits Explains both the nonprofit incorporation process--from selecting directors to filing articles of incorporation--as well as how to apply for Section 501(c)(3) tax-exempt status from the IRS. The new edition has been revised and updated to reflect the changes in the law since the last edition. It also provides information on B (benefit) corporations and other hybrid nonprofit entities that are allowed to both do good and make a profit.